As we move into the final month of the calendar year it seems like no one has the financial markets figured out. In a year of rising inflation and rising interest rates, raised with the intention of curbing the inflation, the stock market indices have looked confused as to whether the worst is past or…
In December it will be a full two years since Recompose, the United States first human natural organic reduction (NOR) disposition service was legal and open for business. NOR is more commonly known as “human composting”. We thought it might be a good time — on the precipice of the business’ second anniversary of being…
In my home state of Minnesota there is a sports writer who every Thanksgiving creates an article and makes a case for the worst person or thing that has happened on the Minnesota sports scene in the past year. I’ve taken some inspiration from that but have also taken into account something my mom drilled…
Last week Hillenbrand Industries reported their Fiscal Year 4th Quarter of 2022 and their Year End results for Fiscal Year 2022. It is noted that Hillenbrand operates on an annual fiscal year calendar from October 1 to September 30. Over the years Hillenbrand has moved from a company predominantly based in the death care business…
Editor’s Note: Today’s guest columnist is Jake Johnson, CEO of Johnson Consulting Group. His article begins here: It’s no secret to anyone right now that businesses everywhere are feeling the impacts of inflation. The funeral profession specifically has seen a rise in costs, and it’s resulted in increased stress and pressure on owners. These…
BUSINESS
Casket companies make some news. . . .and what is the future demand
In a new world order that includes cremation, alkaline hydrolysis, and natural organic reduction it is sometimes forgotten that over 1 million caskets are sold in the United States every year. To that discussion…
Green cemetery case ending up in Federal Court
According to Gemini AI, “(the number of) articles can indicate short-term reactions, they can also foretell longer-term trends by reflecting shifts in public and business attention and sentiment”. And, if you read the number…
Small volume firms need to know their potential value
Within the last month Death Care marketing expert Glenn Gould contributed to a Funeral Director Daily article with this comment, “There are too many funeral homes. NFDA estimated 15,500 firms in 2023; 30%…
FINANCE
Small volume firms need to know their potential value
Within the last month Death Care marketing expert Glenn Gould contributed to a Funeral Director Daily article with this comment, “There are too many funeral homes. NFDA estimated 15,500 firms in 2023; 30%…
There must be profits in Direct Cremation
With the NFDA convention going on in Chicago I thought that I would give attendees something to talk about while exploring the Expo floor. It was only a couple of weeks ago that…
Seeking Alpha author on SCI stock: “You might want to hold this one until your last breath”
Seeking Alpha contributiing author Daniel Jones published an article this week titled, “Service Corporation International: You might want to hold this one until your last breath”. It is a very interesting article that…
REGULATIONS
Green cemetery case ending up in Federal Court
According to Gemini AI, “(the number of) articles can indicate short-term reactions, they can also foretell longer-term trends by reflecting shifts in public and business attention and sentiment”. And, if you read the number…
Dead people don’t pay taxes
In early October North America’s largest purveyor of Death Care services, Service Corporation International (SCI), received an approved zoning ruling to build Funeraria del Angel, a funeral home and cemetery in San Antonio,…
Veteran Cemeteries will continue with burials. . . but what is open and closed on a government shutdown
Tomorrow is the last day of the federal government’s fiscal year. That is not necessarily a big deal except that the new federal budget year begins on Wednesday and as I write this on…
CEMETERY
Green cemetery case ending up in Federal Court
According to Gemini AI, “(the number of) articles can indicate short-term reactions, they can also foretell longer-term trends by reflecting shifts in public and business attention and sentiment”. And, if you read the number…
Dead people don’t pay taxes
In early October North America’s largest purveyor of Death Care services, Service Corporation International (SCI), received an approved zoning ruling to build Funeraria del Angel, a funeral home and cemetery in San Antonio,…
Are we in the midst of a paradigm shift, from “Services selection” to “Memorialization selection”, by the consumer
As things seem to do in my life, circumstances came together this week to have me reflect on changes in the Death Care profession/industry. First of all, here’s three items that came together…
CREMATION
There must be profits in Direct Cremation
With the NFDA convention going on in Chicago I thought that I would give attendees something to talk about while exploring the Expo floor. It was only a couple of weeks ago that…
Are we in the midst of a paradigm shift, from “Services selection” to “Memorialization selection”, by the consumer
As things seem to do in my life, circumstances came together this week to have me reflect on changes in the Death Care profession/industry. First of all, here’s three items that came together…
Pure Cremation’s private equity owner putting the business up for sale
I learned through an article from Sky News and in this article from KillBait that Epiris, the private equity firm that acquired London area-based Direct Cremation provider Pure Cremation just over two years ago,…
PRENEED
Preneed companies emerge as funeral home lending sources
Morgan Stanley, a global financial services firm that provides a wide range of products and services, including investment banking, wealth management, consumer banking, and brokerage services, recently made this comment in an article, “Life…
Co-op Funeralcare increases “Funeral Plan” sales over 17% despite cyberattack
An April cyberattack which you can read about here probably cost the parent company of Great Britain’s largest funeral home operator, Co-op Funeralcare, about a US$ 107 million profit swing but didn’t seem to…
Acquiring client families — “Any Which Way You Can”
As so often happens in my world I’ve had some real life and/or businesses experiences or discussions in the last week or ten days that has made me think about Death Care. And,…
PRODUCTS
Casket companies make some news. . . .and what is the future demand
In a new world order that includes cremation, alkaline hydrolysis, and natural organic reduction it is sometimes forgotten that over 1 million caskets are sold in the United States every year. To that discussion…
Here’s a new product everyone in the cremation business could use
I operated a crematory at our funeral home and one of the tasks I very much disliked was transfering cremation remains into the very popular “vase-shaped” urns. You see, while the vase-shaped urn has…
PlotBox acquires MIS
In this press release issued last week you can read that PlotBox has acquired MIS (sometimes referred to as HMIS). The PlotBox website brings about this statement about the integration of the companies,…
